Economy

The economic benefit of sports, including the Super Bowl is a lie.

"As for Super Bowl XLIX itself, its boosters claim that it will bring an estimated $500 million in “economic impact” to Arizona.
Economic impact.  Whatever that means.  The mayor of Glendale says his host city will lose money on the event, just like the $1 million it lost on the 2008 Super Bowl.
Numbers-crunchers who aren’t affiliated with the teams or their boosters report that what spending these big events generate comes from crowding out other spending.  One study has discovered that there is no measurable impact on a community when its teams are on strike or in a lockout."

The people lose.

Apple overtook Microsoft because Microsoft stopped at desktops. That's the real story. Apple didn't do anything special. Palm and others had already broken the pocket computer barrier. I remember saying 20 years ago if you put a phone and a camera in a Palm, you'd really have something big.

California resort sells for record high.